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WGL Holdings Inc (NYSE:WGL)
Cash from Financing
$45 Mil (TTM As of Sep. 2014)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Sep. 2014, WGL Holdings Inc paid $55 Mil more to buy back shares than it received from issuing new shares. It received $150 Mil from issuing more debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $19 Mil paying cash dividends to shareholders. It received $133 Mil on other financial activities. In all, WGL Holdings Inc earned $210 Mil on financial activities for the three months ended in Sep. 2014.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

WGL Holdings Inc's Cash from Financing for the fiscal year that ended in Sep. 2014 is calculated as:

Cash from Financing(A: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-55.422+188.653+0+-85.901+-2.103
=45

WGL Holdings Inc's Cash from Financing for the quarter that ended in Sep. 2014 is

Cash from Financing(Q: Sep. 2014 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-55.422+150.4+0+-18.534+133.497
=210

WGL Holdings Inc Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2014 was 87.778 (Dec. 2013 ) + -153.571 (Mar. 2014 ) + -98.921 (Jun. 2014 ) + 209.941 (Sep. 2014 ) = $45 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

WGL Holdings Inc's net issuance of stock for the three months ended in Sep. 2014 was $-55 Mil. WGL Holdings Inc paid $55 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

WGL Holdings Inc's net issuance of debt for the three months ended in Sep. 2014 was $150 Mil. WGL Holdings Inc received $150 Mil from issuing more debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

WGL Holdings Inc's net issuance of preferred for the three months ended in Sep. 2014 was $0 Mil. WGL Holdings Inc paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

WGL Holdings Inc's cash flow for dividends for the three months ended in Sep. 2014 was $-19 Mil. WGL Holdings Inc spent $19 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

WGL Holdings Inc's other financing for the three months ended in Sep. 2014 was $133 Mil. WGL Holdings Inc received $133 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

WGL Holdings Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Net Issuance of Stock 131214522510-55
Net Issuance of Debt -551397129-98-104-16131127189
Net Issuance of Preferred 0000000000
Dividends -64-65-67-69-74-77-74-77-86-86
Other Financing -1-210-1-1-105-2
Cash from Financing -11975-4774-168-160-86554645

WGL Holdings Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Net Issuance of Stock 0-10-00-00-11-55
Net Issuance of Debt -66157115-17864127108-12959150
Net Issuance of Preferred 0000000000
Dividends -20-20-20-20-21-26-22-22-23-19
Other Financing -01-12-82871-2-135133
Cash from Financing -8613895-197-3918888-154-99210
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